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But it has been noted that co-chairman Avram Glazer has been spending significant amounts of time in Saudi Arabia recently.

Avram is due to attend the Future Investment Initiative conference in Riyadh later this month, along with leading bankers and investors from around the world and key figures from the Saudi administration.

Manchester United plc’s current share price values the club at more than £2.5billion, but when it reached a record high in August the figure was £3.1bn.

The Glazers would expect an offer that valued the club at an even higher price in order to consider loosening their grip on a trophy asset that makes so much money.

The Glazers have taken more than £1bn out of the club during their reign while boosting income to a record £590m last season.

If the Saudis are serious about taking on Abu Dhabi’s Manchester City, Qatari-owned Paris Saint-Germain and other big clubs sponsored by rival Arab states, they will want to own United lock, stock and barrel.

Experts reckon it is unlikely the Glazers would sell up, to the Saudis or anyone else, in one go.